AeroVironment Inc Q4 2023 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Kenneth George Herbert - RBC Capital Markets, Research Division - Analyst : Nice end of the fiscal year, Wahid. I wondered if you could provide a little more granularity on the revenue guidance for fiscal '24. And specifically, can you comment on the implied assumptions for growth within sort of the current TMS and SUAS segments?

Question: Kenneth George Herbert - RBC Capital Markets, Research Division - Analyst : And I think you mentioned that your -- you've got an approval now to sell the Switchblade into, I think, 50 countries. Can you just comment on actually how many countries you've been selling the system into? And what's the runway as you think about sort of capturing or obviously getting sales eventually into all 50 of those countries? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. JUNE 27, 2023 / 8:30PM, AVAV.OQ - Q4 2023 AeroVironment Inc Earnings Call

Question: Michael Louie D DiPalma - William Blair & Company L.L.C., Research Division - Analyst : Wahid, at your Analyst Day, you discussed how you are working on development of several new products, including a vertical takeoff and landing Puma, a vapor helicopter capable of carrying a small munitions payload and also the Jackal turbojet air launched loitering munition. Can you provide an update on the development of some of these new products?

Question: Michael Louie D DiPalma - William Blair & Company L.L.C., Research Division - Analyst : And Kevin, you mentioned that I think there were $230 million worth of TMS orders for fiscal 2023. Are you able to share roughly how much of that was related to the Switchblade 600 as there's obviously a lot of investor excitement over the 600, investors are looking for data points in terms of how that product is progressing.